Norway - Flours, Meals And Pellets Of Fish - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Fish Meals and Pellet in Norway - 2023
Contents:
- Price for Fish Meals and Pellet in Norway (FOB) - 2022
- Price for Fish Meals and Pellet in Norway (CIF) - 2022
- Exports of Fish Meals and Pellet in Norway
- Imports of Fish Meals and Pellet in Norway
Price for Fish Meals and Pellet in Norway (FOB) - 2022
The average fish meals and pellet export price stood at $7,207 per ton in 2022, jumping by 48% against the previous year. Over the period under review, the export price recorded a resilient expansion. The most prominent rate of growth was recorded in 2018 an increase of 57%. The export price peaked at $9,348 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($11,025 per ton), while the average price for exports to Greece ($3,290 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+37.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Fish Meals and Pellet in Norway (CIF) - 2022
The average fish meals and pellet import price stood at $4,854 per ton in 2022, with a decrease of -4.1% against the previous year. Over the period under review, the import price showed a abrupt decline. The most prominent rate of growth was recorded in 2014 when the average import price increased by 42% against the previous year. As a result, import price reached the peak level of $27,056 per ton. From 2015 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($20,526 per ton), while the price for Iceland totaled $3,688 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Faroe Islands (+2,000.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Fish Meals and Pellet in Norway
In 2022, the amount of flours, meals and pellets of fish exported from Norway soared to 2.1K tons, growing by 212% against the previous year's figure. Over the period under review, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, fish meals and pellet exports surged to $15M in 2022. In general, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Fish Meals and Pellet in Norway (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 4.1 | 3.5 | 2.3 | 11.0 | 39.0% |
| Greece | 0.4 | 0.2 | 0.3 | 1.2 | 44.2% |
| Japan | 0.4 | N/A | 0.3 | 1.0 | 35.7% |
| Denmark | 0.3 | 0.4 | N/A | 0.8 | 38.7% |
| Germany | 0.3 | 0.1 | 0.1 | 0.5 | 18.6% |
| Spain | N/A | 0.1 | 0.1 | 0.5 | 123.6% |
| Others | 0.3 | 0.1 | 0.2 | 0.5 | 18.6% |
| Total | 5.8 | 4.4 | 3.3 | 15.5 | 38.8% |
Top Export Markets for Fish Meals and Pellet from Norway in 2022:
- Sweden (1438.2 tons)
- Greece (353.8 tons)
- Japan (131.2 tons)
- Germany (93.8 tons)
- Denmark (72.4 tons)
- Spain (42.1 tons)
Imports of Fish Meals and Pellet in Norway
For the fourth consecutive year, Norway recorded growth in overseas purchases of flours, meals and pellets of fish, which increased by 19% to 107 tons in 2022. In general, imports showed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 364%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.
In value terms, fish meals and pellet imports expanded remarkably to $518K in 2022. Overall, imports showed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 162% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.
| Import of Fish Meals and Pellet in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iceland | 0.6 | 162 | 293 | 367 | 748.9% |
| France | 77.4 | 215 | 76.6 | 152 | 25.2% |
| Denmark | 35.3 | N/A | 1.3 | N/A | -80.8% |
| Poland | 14.7 | N/A | N/A | N/A | 0% |
| Faroe Islands | N/A | 6.0 | 46.2 | N/A | 670.0% |
| Others | 24.6 | 16.2 | 38.4 | N/A | 24.9% |
| Total | 153 | 399 | 455 | 518 | 50.2% |
Top Suppliers of Fish Meals and Pellet to Norway in 2022:
- Iceland (99.4 tons)
- France (7.4 tons)
This report provides an in-depth analysis of the market for fish meals and pellet in Norway. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10202200 - Flours, meals and pellets of fish, fit for human consumption, f ish livers and roes, dried, smoked, salted or in brine
Country coverage:
- Norway
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Norway
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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